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Results (10,000+)
Drew Sygit New Michigan Law: Landlords Can't Discriminate on Tenant Income Source
14 January 2025 | 10 replies
.: I haven't passed this past legal review so for what its worth: Part of my standard requirements for everyone include income is at least 3X rent, minimum credit score, say 640, Clean record and no evictions as well as deposit is paid in full at signing of lease and 1st month rent is paid in full prior to handing over the keys.
Tyler Kesling HELOC / Lease to Own
13 January 2025 | 2 replies
The current owner bought it for $30K and I know they had to clean up a lot of title work and started doing repairs. 
Daniel Medellin Buying 1 acre and dividing it into multiple lots for long term rentals
4 January 2025 | 4 replies
Have contracts or covenants that keep newer homes there and keeping yards clean.  
Tove Fox Residential vs. Commercial Real Estate Investing?
5 January 2025 | 13 replies
@Tove Fox - Residential Real Estate InvestingPros:Lower Entry Costs: Easier to get started with less capital required.High Demand: People always need homes, making demand relatively stable.Easier Financing: Mortgages are generally easier to secure with favorable terms.Simplicity: Easier to understand and manage, especially for beginners.Flexibility: You can use it as a personal residence or rent it out.Cons:Tenant Turnover: More frequent turnover leads to vacancy and more management.Lower Cash Flow: Income potential can be modest compared to commercial properties.Emotional Buyers: Residential prices can be influenced by emotions, leading to price volatility.Maintenance Burden: Landlords often deal with repairs and maintenance, which can be time-consuming.Commercial Real Estate InvestingPros:Higher Income Potential: Stronger cash flow and higher returns are common.Long-Term Leases: Tenants often sign longer leases (3-10 years), reducing vacancy risk.Professional Tenants: Business tenants tend to take better care of the property.Valuation Based on Income: Prices are based on the income the property generates, not market emotions.Shared Costs: Tenants often cover property expenses like taxes, insurance, and maintenance (via triple-net leases).Cons:High Entry Costs: Requires more capital or partnerships to get started.Complex Management: More expertise is needed; you may need a professional property manager.Economic Sensitivity: Commercial properties are more sensitive to economic conditions.Challenging Financing: Securing financing can be harder, with stricter terms and higher interest rates.Zoning and Legalities: More complex regulations compared to residential properties.Key Differences:Risk: Residential tends to be lower risk, while commercial offers higher rewards but with greater risk.Management: Residential is easier for DIY investors, while commercial properties usually require a team.Scalability: Commercial properties are easier to scale, offering more potential for significant cash flow increases.
Roman Balmakov Should I Buy a Cashflowing Multi-Family That has Permit Issues?
14 January 2025 | 6 replies
It would be wise to rectify it before transfer of title so your starting off clean and hopefully won't have any issues when you go to sell down the road. 
Mordy Chaimovitz Crazy prices on 2 and 3 flat buildings in chicago
13 January 2025 | 11 replies
I have helped quite a few investors dispose of their 2-4 units this year and they have been cleaning house.  
AJ Satcher Single HVAC System In a home with 2 units. Smells go right through duct-work!
13 January 2025 | 1 reply
I know hosts have included additional cleaning fees for violations as a deterrent.If none of these solutions work, you could look into completely independent HVAC systems for the two units, though that would be a bigger upfront investment.
Chad Shultz Flooded Fix and Flip - South Daytona
4 January 2025 | 0 replies
This was a clean foreclosure property, which is usually difficult to find.
Phillip Austin Nightmare Tenant - This is why you need a property manager!
24 December 2024 | 7 replies
I am assuming in this that normal cleaning was done pre-occupancy and they are excessive in their expectations.
Dan Thomas Airbnb claim process
4 January 2025 | 19 replies
I know they are crazy guest friendly but this seems over the top.Guest didn't deny it....responded with "I payed the cleaning fee, why would I clean up?"